Morepen Laboratories standalone net profit rises 161.01% in the March 2017 quarter

Capital Market 

Sales rise 15.66% to Rs 142.95 crore

Net profit of Morepen Laboratories rose 161.01% to Rs 7.23 crore in the quarter ended March 2017 as against Rs 2.77 crore during the previous quarter ended March 2016. Sales rose 15.66% to Rs 142.95 crore in the quarter ended March 2017 as against Rs 123.59 crore during the previous quarter ended March 2016.

For the full year,net profit rose 46.01% to Rs 23.04 crore in the year ended March 2017 as against Rs 15.78 crore during the previous year ended March 2016. Sales rose 18.69% to Rs 537.04 crore in the year ended March 2017 as against Rs 452.46 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales142.95123.59 16 537.04452.46 19 OPM %9.8514.52 -11.1514.19 - PBDT15.6215.94 -2 56.6054.96 3 PBT7.237.17 1 23.0420.04 15 NP7.232.77 161 23.0415.78 46

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Morepen Laboratories standalone net profit rises 161.01% in the March 2017 quarter

Sales rise 15.66% to Rs 142.95 crore

Sales rise 15.66% to Rs 142.95 crore

Net profit of Morepen Laboratories rose 161.01% to Rs 7.23 crore in the quarter ended March 2017 as against Rs 2.77 crore during the previous quarter ended March 2016. Sales rose 15.66% to Rs 142.95 crore in the quarter ended March 2017 as against Rs 123.59 crore during the previous quarter ended March 2016.

For the full year,net profit rose 46.01% to Rs 23.04 crore in the year ended March 2017 as against Rs 15.78 crore during the previous year ended March 2016. Sales rose 18.69% to Rs 537.04 crore in the year ended March 2017 as against Rs 452.46 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales142.95123.59 16 537.04452.46 19 OPM %9.8514.52 -11.1514.19 - PBDT15.6215.94 -2 56.6054.96 3 PBT7.237.17 1 23.0420.04 15 NP7.232.77 161 23.0415.78 46

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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